Whenever I claim that bitcoin is the only decentralized
cryptocurrency, I get one of two arguments:

My X coin is also
decentralized.Bitcoin isn’t decentralized because of Core and/or
miners.

I’ll leave 1 and the first half of 2 for another day, but the
“mining centralization” argument is what I want to tackle in this
article.The questions I’ll be answering are:Is Bitcoin mining centralized?In what way do miners “control”
Bitcoin?What are the risks of a 51% attack?Are the altcoiners
right?Decentralization
Decentralization is a key property of Bitcoin. If you remove
decentralization, it’s not an interesting project. There have been
lots of centralized issuers of money — that’s what causes inflation
and why your savings lose purchasing power daily. The response by
altcoiners is to argue that

21:58DigitalTrends.comCoinstar machines will let you swap cash for Bitcoin at your local grocery store

Coinstar, the company which owns the coin exchange machines
found at grocery stores and elsewhere, will soon let you easily buy
Bitcoin with your cash money. Here's how it will work.The post Coinstar machines will let you swap cash for Bitcoin at
your local grocery store appeared first on Digital Trends.

By CCN.com: Throughout the 2017 crypto market bull run, bitcoin
price predictions kept the crypto hype train fat and happy. Whether
it was eccentric ICO promoter John McAfee promising to emasculate
himself if bitcoin failed to reach $1 million within three years or
Fundstrat setting a “conservative” price target at $25,000, every
crypto influencer hadThe post Bitcoin Price Could Crack $10 Million, Become New Gold
Standard: Asset Management Firm appeared first on CCN

Ethereum, one of the world's largest cryptocurrencies and
decentralized app platforms, was supposed to get an upgrade called
Constantinople on January 16. Alas, due to a security issue
discovered just one day before the scheduled upgrade,
Constantinople was delayed, and now we have a new date: February
27. SEE ALSO: Ethereum is about to get a big upgrade. Here's
what you need to know. This is according to Ethereum developer
Peter Szilagyi, who tweeted about the change late Friday.
> Seems we're going with block 7.28M for the #Ethereum
Constantinople refork scheduled for the 27th of February! Will be a
single fork on mainnet and a post-Constantinople-fixup fork on the
testnets to get them back in line feature wise with the main
network. > > -- Peter Szilagyi (@peter_szilagyi) January 18,

Bitcoin’s (BTC) problems are only solvable by departing
from a proof-of-work (PoW) system, according to research published
by the Bank for International Settlement (BIS) on Jan. 21.
According to the paper, when in the future Bitcoin’s block rewards
fall to zero — given that only a limited number of new Bitcoin will
ever be created — transaction fees alone will not be able to
sustain mining expenses.

By CCN.com: The US stock market is closed today in observance of
Martin Luther King Jr. Day, but Dow futures pointed south after
China’s growth fell to a nearly three-decade low. The
cryptocurrency market, which never takes a breather, also remained
bearish following Sunday’s pullback, leaving the bitcoin price
uncomfortably close to the $3,500 mark.The post Dow Futures & Bitcoin Look Shaky as US Celebrates
Market Holiday appeared first on CCN

By CCN.com: According to a report released by ValueWalk,
the number of Bitcoin ATMs worldwide has surpassed 4,000 and the
market is still growing rapidly. The increase in the number of
Bitcoin ATMs comes in a period during which cryptocurrency
businesses are prioritizing compliance, dealing with
strict Know Your Customer (KYC) and Anti-Money Laundering
(AML) policies.

Bitcoin's weekly gains were wiped out at the weekend at a key
moving average that previously offered support.

14:45CryptoCoinsNews.comNumber of Bitcoin ATMs Hits 4,000 Globally: Why is it Growing So Rapidly?

By CCN.com: According to a report released by ValueWalk, the
number of Bitcoin ATMs worldwide has surpassed 4,000 and the market
is still growing rapidly. The increase in the number of Bitcoin
ATMs comes in a period during which cryptocurrency businesses are
prioritizing compliance, dealing with strict Know Your
Customer (KYC) and Anti-Money Laundering (AML) policies.The post Number of Bitcoin ATMs Hits 4,000 Globally: Why is it
Growing So Rapidly? appeared first on CCN

14:12CoinDesk.comThis Former Bitcoin Price Support Is Now Capping Gains

Bitcoin's weekly gains were wiped out at the weekend by a key
moving average that previously offered support.

By CCN.com: UAE and Saudi Arabia — two countries that
have the world’s second-largest combined sovereign wealth
funds — have launched their pilot cryptocurrency. According to
UAE’s official news agency, Emirates News Agency, the Saudi-Emirati
cryptocurrency is one of the seven initiatives that will be
implemented in both countries. Saudi-Emirati Cryptocurrency
Restricted to Banks Only Formed in

By CCN.com: UAE and Saudi Arabia — two countries that
have the world’s second-largest combined sovereign wealth
funds — have launched their pilot cryptocurrency. According to
UAE’s official news agency, Emirates News Agency, the Saudi-Emirati
cryptocurrency is one of the seven initiatives that will be
implemented in both countries. Saudi-Emirati Cryptocurrency
Restricted to Banks Only Formed inThe post UAE, Saudi Arabia Launch Cryptocurrency Pilot for
Cross-Border Payments appeared first on CCN

12:00Yahoo.com BusinessAlistair Milne: Bitcoin Is Only Public Blockchain Certain to Last for Next 100 Years

The next cryptocurrency bull run will decide which
public blockchains become the defining names of the industry,
United Kingdom-based investor and entrepreneur Alistair Milne
predicted in a Twitter thread Jan. 19. Milne, who is well known on
Twitter in particular as a source of bullish statements about
Bitcoin (BTC), said that any new price highs for the largest
cryptocurrency should surpass those of 2017. “The probability that
Bitcoin matches its ATH [all-time high] price again and doesn't
then continue past it seems very low.

The South African Reserve Bank has released a
consultation paper to regulate cryptocurrencies in the region.
However, the government is seemingly introducing banking-like
features to the crypto-markets, going against the very ethos of
what Bitcoin stands for. The bank chooses to call cryptocurrencies
as crypto “assets” over the former term, deeming the distinction
makes it

The South African Reserve Bank has released a consultation paper
to regulate cryptocurrencies in the region. However, the government
is seemingly introducing banking-like features to the
crypto-markets, going against the very ethos of what Bitcoin stands
for. The bank chooses to call cryptocurrencies as crypto “assets”
over the former term, deeming the distinction makes it …
ContinuedThe post South Africa Establishes a Consultation Paper to
Regulate and De-Anonymize Bitcoin Transactions appeared first on
CCN

If you didn’t notice, today is Monday,
January 21, which means two things. One, it’s time for another
Moonday Mornings; and two, it’s the most depressing day of the year
– apparently. Goodthing we have a wrap-up of the weekend’s top
cryptocurrency and blockchain news for you. Check it out: 1. A
Swedish cryptocurrency trader owes his country’s authorities over
$1 million (10 million SEK) in taxes, after trading Bitcoin over
10,000 times. According to local news, Linus Dunkers traded over
$2.5 million since 2014, and claims the tax man is demanding over
three times what he made in profit.… This story continues at The
Next Web

By CCN.com: In the past 24 hours, the crypto market has
experienced a slight decline in valuation from $224 billion to $219
billion as the Bitcoin price dropped to $3,500. Previously, traders
said that a drop below the $3,500 mark could lead the price of
Bitcoin to test key support levels in the low $3,000

By CCN.com: In the past 24 hours, the crypto market has
experienced a slight decline in valuation from $224 billion to $219
billion as the Bitcoin price dropped to $3,500. Previously, traders
said that a drop below the $3,500 mark could lead the price of
Bitcoin to test key support levels in the low $3,000The post $5 Billion Wiped Out of Crypto: Bitcoin Below $3,500
Could Spell Trouble appeared first on CCN

03:46CryptoCoinsNews.comWhy is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

By CCN.com: The Bitfury Group, an early bitcoin mining firm
turned global blockchain company based out of London, has announced
that it will launch an entertainment division tasked with
developing an open-source music platform that runs on blockchain
technology. From Mining Bitcoin to Tracking Music IP on a
Blockchain Tech companies trying to make wavesThe post Why is $1 Billion Bitcoin Giant Bitfury Building a
Blockchain Music Service? appeared first on CCN

By CCN.com: With well over 200 million users across the globe,
few video games have as large a following as Fortnite. The freemium
game is so popular that its developer, Epic Games, banked $3
billion in 2018. However, according to a report on the Independent,
Epic Games isn’t the only entity getting rich off Fortnite.The post Forget Bitcoin: Why Criminals are Using Fortnite to
Launder Illicit Funds appeared first on CCN

By CCN.com: MimbleWimble, named after a curse from the Harry
Potter book series, is a protocol, much like Bitcoin’s blockchain,
that contains improved privacy features derived from multiple
technologies, some more established than others. Key components in
MimbleWimble are: (a) Elliptic Curve Cryptography (ECC), which
enables private-public key encryption – a way to prove you

By CCN.com: MimbleWimble, named after a curse from the Harry
Potter book series, is a protocol, much like Bitcoin’s blockchain,
that contains improved privacy features derived from multiple
technologies, some more established than others. Key components in
MimbleWimble are: (a) Elliptic Curve Cryptography (ECC), which
enables private-public key encryption – a way to prove youThe post MimbleWimble: Is Bitcoin’s Curse Looming on The
Horizon? appeared first on CCN

By CCN.com: Kevin Dowd is a Professor of Finance and
Economics in the Business School at Durham University, Northeast
England, and the co-author of the 2015 paper “Bitcoin Will Bite the
Dust,” along with market analyst and author, Martin Hutchinson, for
the libertarian Cato Institute in Washington DC. CoinDesk published
an op-ed by Dowd Monday,

By CCN.com: Kevin Dowd is a Professor of Finance and Economics
in the Business School at Durham University, Northeast England, and
the co-author of the 2015 paper “Bitcoin Will Bite the Dust,” along
with market analyst and author, Martin Hutchinson, for the
libertarian Cato Institute in Washington DC. CoinDesk published an
op-ed by Dowd Monday,The post The Finance Prof. Who Says Bitcoin’s Going to ‘Bite The
Dust’ Is Wrong appeared first on CCN

19:43Yahoo.com BusinessWhat Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

By CCN.com: In 2018, with the exception of Bitcoin and
several other crypto assets, the majority of cryptocurrencies fell
by more than 90 percent against the U.S. dollar. Executives in the
crypto space, especially those leading new initiatives and
businesses in the emerging industry, believe that the bear market
has presented companies with positive opportunities

19:31CryptoCoinsNews.comWhat Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?

By CCN.com: In 2018, with the exception of Bitcoin and several
other crypto assets, the majority of cryptocurrencies fell by more
than 90 percent against the U.S. dollar. Executives in the crypto
space, especially those leading new initiatives and businesses in
the emerging industry, believe that the bear market has presented
companies with positive opportunitiesThe post What Are Crypto Executives Still Positive About After
Massive 80% Bitcoin Drop? appeared first on CCN

Ed Tilly, CEO, president and chairman at the Chicago
Board Options Exchange (CBOE), declared that there is a need for
Bitcoin (BTC) exchange-traded notes (ETNs) in order for Wall Street
institutional investors to join the crypto space. According to the
aforementioned article, Tilly declared that “the growth of Bitcoin
in listed markets is still hamstrung by the lack of a trading
product geared toward mom-and-pop investors.” According to him,
Bitcoin futures did not see substantial growth because of the lack
of a note or tracker tied to BTC that retail customers could
trade.

Chilean taxpayers must report their cryptocurrency
profits to the Chilean Internal Revenue Service (SII), Spanish
crypto media Diario Bitcoin reports on Jan. 17. The SII reportedly
decreed in 2018 that digital currencies weren’t subject to Value
Added Tax (VAT), but should still be considered when calculating
annual income tax, as they fall into the definition of intangible
assets. DiarioBitcoin reports that, while it is not explicitly
stated in the form, an SII statement released at the end of 2018
noted that taxpayers should report their income from the sale of
foreign fiat currencies and cryptocurrencies in the aforementioned
section.

The world has entered a new financial universal with the appearance
of cryptocurrencies. However, the appearance and growth of
cryptocurrencies over the last decade has been a helter-skelter
ride of great gains and massive losses. What is Russia doing?

15:58Yahoo.com BusinessHacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

On a darknet market called “Dread,” a vendor going by
“ExploitDOT” is attempting to sell user data from the
know-your-customer (KYC) data top cryptocurrency exchanges ask for,
required by most jurisdictions. According to data shared with CCN,
the hacker has an ad that has been online since July 2018, in which
he claims to have

15:47CryptoCoinsNews.comHacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web?

On a darknet market called “Dread,” a vendor going by
“ExploitDOT” is attempting to sell user data from the
know-your-customer (KYC) data top cryptocurrency exchanges ask for,
required by most jurisdictions. According to data shared with CCN,
the hacker has an ad that has been online since July 2018, in which
he claims to haveThe post Hacked Customer Data From World Leading Cryptocurrency
Exchanges For Sale On The Dark Web? appeared first on CCN

SAP DEVELOPER'S JOURNALAdobe #Blockchain Keynote at @CloudEXPO
New York | @Adobe @JohnBBates @24Notion #FinTech #Bitcoin #S - In
very short order, the term Blockchain has lost an incredible amount
of meaning. With too many jumping on the bandwagon, the market is
inundated with projects and use cases that miss the real potential
of the technology. We have to begin removing Blockchain from the
conversation and ground ourselves ...

The United Arab Emirates (UAE) and Saudi Arabia have
announced an agreement to cooperate on the creation of a
cryptocurrency, UAE official news agency Emirate News Agency
reports on Jan. 19. According to the report, the Executive
Committee of the Saudi-Emirati Coordination Council has held a
meeting in UAE capital Abu Dhabi, with 16 members in total from
both countries, in order to discuss the join initiatives in the
Strategy of Resolve. The joint cryptocurrency project will also
research the effect of a central currency on financial
policies.

By CCN.com: On Jan. 18, after an unsuccessful
attempt to enter the Philippines market earlier this month due to
foreign ownership concerns, Go-Jek, a major Indonesian ride-sharing
platform has announced a partnership between
with Coins.ph, a local crypto wallet and payments platform.
The Filipino firm is currently in the process of rolling out
beta access to users in the

By CCN.com: On Jan. 18, after an unsuccessful attempt to
enter the Philippines market earlier this month due to foreign
ownership concerns, Go-Jek, a major Indonesian ride-sharing
platform has announced a partnership between
with Coins.ph, a local crypto wallet and payments platform.
The Filipino firm is currently in the process of rolling out
beta access to users in theThe post Indonesia’s First Billion-Dollar Unicorn Acquires
Philippine Bitcoin Wallet appeared first on CCN

The seven new measures cover integration in the fields of
financial markets, tourism, aviation, entrepreneurship, customs and
securityThe post Cryptocurrency, SME platform among initiatives launched
by Saudi-UAE alliance appeared first on Gulf Business.

Rather than carrying around cash and cards, you can just tap
your phone to pay. Currently, the three most established systems
are from Apple, Samsung and Google. Mobile
payment systems use a method called tokenization to keep card
details secure. Once you add your […]The post Bitcoin ATMs Now Number Over 4,000 Worldwide Despite
Crypto Price Drop appeared first on ValueWalk.

The OECD released a report on Initial Coin Offerings, just ahead
of the World Economic Forum. Two of the advisors who participated
in building the report provided their comments on what this
represents for businesses around the world. [REITs] Q3 […]The post New ICO Report – OECD Comments appeared first on
ValueWalk.

By CCN.com: Investment manager VanEck remains
confident about its bitcoin ETF application, despite the US
government shutdown. Why? Because the firm believes it has laid a
robust foundation for the VanEck/SolidX Bitcoin ETF to
eventually win SEC approval. “I have done everything I can to build
the right market structure for Bitcoin and digital assets,”
VanEck’s director

By CCN.com: Investment manager VanEck remains confident
about its bitcoin ETF application, despite the US government
shutdown. Why? Because the firm believes it has laid a robust
foundation for the VanEck/SolidX Bitcoin ETF to eventually win
SEC approval. “I have done everything I can to build the right
market structure for Bitcoin and digital assets,” VanEck’s
directorThe post VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF
Application appeared first on CCN

By CCN.com: This week in crypto saw several interesting
developments as regard exchanges, exit scams, and at least one
failed ICO-funded company in the form of Giga Watt. Crypto Media
Clings to Story of Russian Government Buying Bitcoin, CCN Asks for
Proof CCN started the week off by debunking a mythical impending
“$10 billion Bitcoin

By CCN.com: This week in crypto saw several interesting
developments as regard exchanges, exit scams, and at least one
failed ICO-funded company in the form of Giga Watt. Crypto Media
Clings to Story of Russian Government Buying Bitcoin, CCN Asks for
Proof CCN started the week off by debunking a mythical impending
“$10 billion BitcoinThe post Russia’s Not Buying Bitcoin, Dx.Exchange’s Shady Past,
and Ethereum’s Hard Fork That Wasn’t: This Week in Crypto appeared
first on CCN

19.01.2019

23:56Techcrunch.ComThe social layer is ironically key to Bitcoin’s security

A funny thing happened in the second half of 2018. At some moment,
all the people active in crypto looked around and realized there
weren’t very many of us. The friends we’d convinced during the last
holiday season were no longer speaking to us. They had stopped
checking their Coinbase accounts. The tide had gone […]

By CCN.com: Money is older than recorded history. As
long as money has existed, so too have counterfeiters and crooks.
Issuers of currency have spent millennia preventing counterfeiting:
Just consider today’s paper bills, which are printed with special
dyes on watermarked stock, sport serial numbers, “security
threads,” and even hologram strips. Cryptocurrencies, by virtue
of

22:36CryptoCoinsNews.comTop 3 Mistakes Investors Make when Managing Their Cryptocurrency Holdings

By CCN.com: Money is older than recorded history. As long as
money has existed, so too have counterfeiters and crooks. Issuers
of currency have spent millennia preventing counterfeiting: Just
consider today’s paper bills, which are printed with special dyes
on watermarked stock, sport serial numbers, “security threads,” and
even hologram strips. Cryptocurrencies, by virtue of …
ContinuedThe post Top 3 Mistakes Investors Make when Managing Their
Cryptocurrency Holdings appeared first on CCN

Over the last 24 hours, the crypto market has rebounded
slightly by $5 billion, from $120 billion to $125 billion following
a promising breakout of the Bitcoin price above $3,700. The
unforeseen strong movement of Bitcoin could lead to the short-term
recovery of other major crypto assets and low market cap
cryptocurrencies in the upcoming

Over the last 24 hours, the crypto market has rebounded slightly
by $5 billion, from $120 billion to $125 billion following a
promising breakout of the Bitcoin price above $3,700. The
unforeseen strong movement of Bitcoin could lead to the short-term
recovery of other major crypto assets and low market cap
cryptocurrencies in the upcomingThe post Bullish Move: Crypto Market Adds $5 Billion as Bitcoin
Price Surpasses $3,700 appeared first on CCN

By CCN.com: Two people have been arrested by police in
Mpumalanga, South Africa in connection with the kidnapping of a
13-year-old boy in Witbank whose family was then told to pay the
equivalent of $120,000 in bitcoin (approximately 32.89 BTC at press
time). Local Police Nab Crypto Kidnappers South
Africa’s Times reports that following the May 2018The post South Africa: Two Arrested for Kidnapping Boy,
Demanding Bitcoin Ransom appeared first on CCN

ORACLE DEVELOPER'S JOURNALAdobe #Blockchain Keynote at
@CloudEXPO New York | @Adobe @JohnBBates @24Notion #FinTech
#Bitcoin #S - In very short order, the term Blockchain has lost an
incredible amount of meaning. With too many jumping on the
bandwagon, the market is inundated with projects and use cases that
miss the real potential of the technology. We have to begin
removing Blockchain from the conversation and ground ourselves
...

Taxpayers in Chile are reportedly going to have to pay
taxes on cryptocurrency earnings this year, as the country’s
Internal Revenue Service (Servicio de Impuestos Internos, SII) has
included a section for cryptoassets in a form that has to be filled
on taxpayers’ Annual Income Tax Returns. According to local media,
last year the country’s

Taxpayers in Chile are reportedly going to have to pay taxes on
cryptocurrency earnings this year, as the country’s Internal
Revenue Service (Servicio de Impuestos Internos, SII) has included
a section for cryptoassets in a form that has to be filled on
taxpayers’ Annual Income Tax Returns. According to local media,
last year the country’sThe post Chilean Citizens Will Begin Paying Cryptocurrency Taxes
in 2019 appeared first on CCN

10:26Yahoo.com BusinessBitcoin – Tight Ranges Return, Which Could Spell Trouble For The Bulls

The last time Bitcoin moved within these narrow ranges,
it led to a 44% slide at the end of last year. Is history about to
repeat itself?

06:22Yahoo.com BusinessDid Bitcoin Cash Fail? 500 Days Since the Fork, it Looks Like it Did

Nearly 17 months after the contentious fork that gave
birth to Bitcoin Cash, it may be safe to say that the entire
purpose of the fork may have been defeated, rendering Bitcoin Cash
as little more than just another altcoin. An examination of the
available 500+ days worth of data on the bitcoin cash
blockchain

Nearly 17 months after the contentious fork that gave birth to
Bitcoin Cash, it may be safe to say that the entire purpose of the
fork may have been defeated, rendering Bitcoin Cash as little more
than just another altcoin. An examination of the available 500+
days worth of data on the bitcoin cash blockchainThe post Did Bitcoin Cash Fail? 500 Days Since the Fork, it
Looks Like it Did appeared first on CCN

Prosecutors in Taiwan indicted seven bitcoin traders for
allegedly operating a sham crypto investment scheme that bilked $51
million from more than 1,000 investors. The ringleader was
a 47-year-old man whose surname is Lin, Focus Taiwan
reported. The alleged scammers were charged with multiple
violations of Taiwanese banking and business laws. The group of
seven were arrestedThe post Taiwan: Bitcoin Traders Ran $51 Million Crypto Scam,
Prosecutors Say appeared first on CCN

03:20Yahoo.com BusinessEthereum Team Lead: Constantinople Hard Fork to Activate in Late February

Core developers of Ethereum (ETH) have postponed the
activation of the Constantinople hard fork until late February. The
upgrade is now set to be implemented at ETH block 7,280,000, as
announced by a team lead at Ethereum, Peter Szilagyi, in a tweet
Jan. 18. The new deadline comes in the wake of an unexpected delay
over a recently discovered security vulnerability allowing a
reentrancy attack, which has been detected in Constantinople’s code
by smart contract audit firm ChainSecurity.

Crypto entrepreneur and regular contributor to CNBC,
Brian Kelly, claimed that there is no chance for a Bitcoin (BTC)
exchange-traded fund (ETF) approval in 2019. Kelly made his remarks
in an interview with Cointelegraph at the Crypto Finance
Conference, Switzerland, Jan. 18. Discussing the overall state of
the cryptocurrency market, Kelly predicted that 2019 will turn out
better than 2018.

Companies are trying various approaches to opening up
Bitcoin and other cryptocurrencies to the mainstream audience. One
such attempt is by Bitcoin ATM company Coinme that has partnered
with coins-to-cash converter Coinstar. The two companies aim to
facilitate buying Bitcoin through Coinstar kiosks that are going to
be put up at grocery stores throughout various countries.

According to an estimate by recycling and waste
management company Covanta Holding Corporation, Americans literally
throw away $62 million dollars a year worth of spare pocket change.
Covanta offered CBS News a theory along with the estimate “that the
coins are probably tossed accidentally.” Coinstar to Sell Bitcoin
for Pocket Change at US Grocery Stores

I woke up in a state of amazement: In my three days of living on
bitcoin, I had managed to survive on a handful of services and the
generosity of friends.Hungry for that would let me spend it, I was more determined
than ever to call up every single store in the Bay Area that might
accept bitcoin. A few, like Bamboo Asia and Ramen Underground, were
closed yesterday, so I still had a small, if shrinking, beacon of
light at the end of a tunnel of rejection.Most places weren’t open yet, so I had a call with my editor,
who was keen to hear about how it had been both too simple and
hopelessly difficult.“Well hey, there’s the angle,” she suggested.It was an angle, but it was also a dead end of sorts. I needed
to find someplace to finally spend my bitcoin to make my day-to-day
purchases different for a change (though going

00:39CryptoCoinsNews.comHow Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin

According to an estimate by recycling and waste management
company Covanta Holding Corporation, Americans literally throw away
$62 million dollars a year worth of spare pocket change. Covanta
offered CBS News a theory along with the estimate “that the coins
are probably tossed accidentally.” Coinstar to Sell Bitcoin for
Pocket Change at US Grocery StoresThe post How Coinstar Could Turn $62 Million Dollars Worth of
Literal Trash into Bitcoin appeared first on CCN

18.01.2019

23:35CoinDesk.comHow BlockEx Went From a $24 Million ICO to Layoffs in Less Than a Year

BlockEx, a London-based platform for launching and exchanging
tokens, was beset by a series of setbacks that led to downsizing.

Patreon has been making the case for censorship-resistant money
increasingly apparent.The platform allows members to contribute to artists or creators
that they support. These contributions are made via standard
payment methods like credit cards.Over the past few months, there has been an increase in public
outcry over multiple separate instances where Patreon has removed
creators from its platform. BitPatron, a Bitcoin-friendly version
of the website, has recently come to the surface as a possible
alternative.A Series of Bans
One of the first well-known bans dates back to August 2018 when
James Allsup, a far-right political commentator, was banned from
the funding platform.In December, a wave of media attention ensued when another
alt-right activist and spokesperson, Milo Yiannopoulos, was shut
down almost 24 hours

As CCN previously reported, the aborted Constantinople
network upgrade has created several problems for Ethereum. One of
these problems is a significant group of miners continuing to mine
as if the hard fork had actually taken place. Another problem is
how to proceed with the upgrade intended to produce lower
transaction fees, among other improvements.

As CCN previously reported, the aborted Constantinople network
upgrade has created several problems for Ethereum. One of these
problems is a significant group of miners continuing to mine as if
the hard fork had actually taken place. Another problem is how to
proceed with the upgrade intended to produce lower transaction
fees, among other improvements.The post Ethereum Hard Fork Rescheduled: Here’s When
Constantinople Will Finally Launch appeared first on CCN

An early Bitcoin mining investor writes a shock Guardian
op-ed trashing his own investment as something that’s killing the
planet. I don’t think I’ve ever read anything like it in my life.
It’s a sign of the times and maybe the exact kind of mentality that
JP Morgan Chase and Co.’s billionaire CEO Jamie Dimon

An early Bitcoin mining investor writes a shock Guardian op-ed
trashing his own investment as something that’s killing the planet.
I don’t think I’ve ever read anything like it in my life. It’s a
sign of the times and maybe the exact kind of mentality that JP
Morgan Chase and Co.’s billionaire CEO Jamie DimonThe post The Guardian Publishes Libelous Op-Ed, Falsely Claims
Bitcoin’s Killing the Planet appeared first on CCN

United States Congressman Tom Emmer (MN-06) this
week reintroduced a bill designed to provide regulatory
clarity for cryptocurrency companies. Tagged the ‘Blockchain
Regulatory Certainty Act’, it was initially introduced on the floor
of the house in September 2018 alongside two other
cryptocurrency-related legislative namely a House
resolution to express support for cryptocurrency and
blockchain technology, and the Safe Harbor for

With the bitcoin price continuing to hover around $3,500
following last week’s sell-off, technical analysts have begun
fevered debates about whether the flagship cryptocurrency will see
more losses ahead. Crypto brokerage firm BitOoda believes that a
further decline is likely but maintains that this will strengthen —
not weaken — bitcoin over the long term. Does

20:18CryptoCoinsNews.comWhy the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip

With the bitcoin price continuing to hover around $3,500
following last week’s sell-off, technical analysts have begun
fevered debates about whether the flagship cryptocurrency will see
more losses ahead. Crypto brokerage firm BitOoda believes that a
further decline is likely but maintains that this will strengthen —
not weaken — bitcoin over the long term. Does … ContinuedThe post Why the Bitcoin Price Could Fall to $2,400 & Entice
Wall Street to Buy the Dip appeared first on CCN

United States Congressman Tom Emmer (MN-06) this
week reintroduced a bill designed to provide regulatory
clarity for cryptocurrency companies. Tagged the ‘Blockchain
Regulatory Certainty Act’, it was initially introduced on the floor
of the house in September 2018 alongside two other
cryptocurrency-related legislative namely a House
resolution to express support for cryptocurrency and
blockchain technology, and the Safe Harbor for … ContinuedThe post U.S. Congressman Reintroduces Bill to Give ‘Safe
Harbor’ to Cryptocurrency Firms appeared first on CCN

Ethereum core developers have now said
they will activate the proposed Constantinople upgrade in late
February. The upgrade was delayed earlier this week following a
code audit, which revealed that the fork would
introduce security issues affecting Ethereum’s smart
contracts, potentially resulting in the theft of users’ funds. As
previously reported by Hard Fork, the initial delay was announced
on Tuesday – less than 24 hours before the hard fork was due to
take place. This latest change of schedule was announced
during a core developer phone call, which took place today.
Participants on the phone call included Ethereum co-founder
Vitalik… This story continues at The Next Web

19:36TheNextWeb.comShapeShift forced to ‘help’ police with 60 cryptocurrency inquiries last year

Prominent cryptocurrency exchange service
ShapeShift has disclosed the number of times it been forced to give
up information about its users to international authorities. In a
blog post, ShapeShift revealed it has “assisted” law enforcement
agencies with 60 different inquires last year, 30 percent of which
came from the United States. A significant number of enquiries made
by authorities from Germany, the UK, and France were also recorded.
The FBI and the SEC were noted as the most common US agency to
request user information from ShapeShift last year, with November
being the post popular month for subpoena requests. ShapeShift…
This story continues at The Next Web

Tencent might soon be the proud owner of two major bitcoin
exchanges, as the $400 billion Chinese tech conglomerate is
weighing a bid for the South Korean holding company that controls
them. Tencent Mulling Bid for Owner of Bitstamp & Korbit
Reuters reports that Tencent is actively pursuing co-investors to
purchase the South Korea-based NXCThe post How $400 Billion Tencent Might Soon Acquire Two Major
Bitcoin Exchanges appeared first on CCN

Cryptocurrency payments platform Coingate has begun
its Lightning Network trial using Litecoin. According to
marketing manager Veronika Mishura, the company does up to 10% of
its monthly volume via Litecoin. They believe that integrating
Litecoin Lightning Network, which has over 100 nodes now, will
increase the incentive to use cryptocurrency due to the reduction
in fees. … ContinuedThe post Coingate Integrates Lightning Network on Litecoin to
Boost Crypto Payments appeared first on CCN

The US stock market continued to rise ahead of Friday’s opening
bell, with the Dow flashing triple-digit gains and its sister
indices making similarly-bullish strides. Bitcoin, though, entered
the day with little momentum as the cryptocurrency market
demonstrated a lack of conviction. Dow Futures Post Triple-Digit
Advance As of am 8:21 am ET, Dow JonesThe post Dow Pounds Higher, But ‘Apathetic’ Bitcoin Trades
Sideways appeared first on CCN

In Taipei, a group of Bitcoin con artists
have been charged with running an elaborate cryptocurrency scam
that defrauded local and foreign investors out of millions of
dollars. Authorities formally charged a 47-year-old man surnamed
Lin, along with six accomplices, with violating Taiwan‘s Banking
and Multi-Level Marketing Supervision acts with a fake Bitcoin
investment scam, reports FocusTaiwan. Since October 2016, police
say Lin and co. attracted $51 million from over 1,000 Taiwanese
investors. The scammers are also charged with
defrauding citizens of neighbouring China. Their Ponzi scheme
promised returns of up to 355 percent after just one year of
Bitcoin investment.… This story continues at The Next WebOr just
read more coverage about: Bitcoin

12:47CryptoCoinsNews.comCrypto Market Up $6 Billion in 4 Days: Is Bitcoin King During the Bear Market?

Since January 14, subsequent to a minor correction, the crypto
market has added $6 billion to its valuation as the Bitcoin price
maintained stability. While many cryptocurrencies, especially low
market cap tokens fell substantially earlier this week, Bitcoin
remained in a tight range between $3,400 to $3,600. How Bitcoin is
Able to Retain Dominance The … ContinuedThe post Crypto Market Up $6 Billion in 4 Days: Is Bitcoin King
During the Bear Market? appeared first on CCN

United States Bitcoin ATM (‘BTM’) operator Coinme has
entered a partnership to sell Bitcoin (BTC) at coin counting kiosks
owned by Coinstar, the company confirmed in a press release Jan.
17. Coinme, which was the first BTM operator to receive a license
in the U.S. in 2014, will reportedly add thousands of locations via
the move, which has already seen integrations go live.

08:15CoinDesk.comYou Can Now Buy Bitcoin at Some Grocery Stores in the US

Supermarket kiosk chain Coinstar will allow consumers to buy up to
$2,500 in bitcoin at select grocery stores.

04:55Techcrunch.ComCoinstar machines will start selling Bitcoin at the grocery store

You know those machines at the grocery store that transform your
gallon jugs worth of change into more usable currency? They’re
about to start selling Bitcoin . To make this impulse shopping
dream come true, Coinstar, the company behind those ubiquitous
change-counting kiosks, has partnered with Coinme, a startup
that operates a small network of cryptocurrency-dispensing […]

Founder of blockchain tech company ConsenSys Joseph
Lubin has been appointed to the board of directors of
cryptocurrency startup ErisX. The news was revealed in an official
press release published Jan. 17. Cryptocurrency exchange ErisX is a
reboot of a futures market Eris Exchange, originally established in
2010.